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Lauderdale 38063
2990 Junius Lee Rd
Photo of 2990 Junius Lee Rd

12

Map

Photo of 2990 Junius Lee Rd
Photo of 2990 Junius Lee Rd
$100,000
● Mobile Manufactured - For Sale

2990 Junius Lee Rd

Ripley, TN 38063
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,328 Ft²
$504
Est. Monthly

About This Property

Welcome to the country! This budget friendly well-loved manufactured home is ready for a new owner. Find covered parking for 2, spacious yard to enjoy from the 8x18 screened porch. 3 bed 2 bath, cozy kitchen open to the living room, with an added 16x18 bonus room/finished back porch. Inside, updated easy to maintain vinyl flooring and outside, added shingle roof and utility shed. Don't let this one get away. Schedule an appointment today.
Unit Size
1,328 Ft²
Days on Market
20 days
Land Size
1.51 acres
Price per sqft
$75
Property Type
Mobile Manufactured
Property Taxes
$13
HOA Dues
-
Year Built
1993

Listed By

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 21 days ago (Realtracs #RTC3611805)

Price History

Date / Event Date Event Price
Aug 1, 2026 Listed by Epique Realty $100,000
Listed by Epique Realty

Property Highlights

Air Conditioning
Fireplace
Garage
Parking Details
Has Carport
Parking Features: Detached
Interior Details
Full Bathrooms: 2
Appliances: Electric Range, Dishwasher, Refrigerator
Flooring Type: Carpet, Luxury Vinyl
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Gas, Living Room
Fireplaces: 1
Basement: None
Exterior Details
Square Footage: 1328
Square Footage Source: $0
Year Built: 1993
Building Area Total: 1328
Levels: One
Building Area Units: Square Feet
Construction Materials: Aluminum Siding
Patio and Porch Features: Porch, Covered, Screened
Lot Features: Corner Lot
Lot Size Area: 1.51
Lot Size Units: Acres
Lot Size Acres: 1.51
Lot Size Square Feet: 65775.6
Lot Size Dimensions: 1.5 acres
Water Source: Private
Financial Details
Tax Annual Amount: $150
Utilities Details
Cooling Type: Central Air, Wall/Window Unit(s)
Heating Type: Central, Natural Gas
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 45
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,776
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 160
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001510
  • Standard Land Use Code: 1006
  • County Land Use Code: MH3
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 15 1990 CRESTRIDGE MH BONNIE BATES, COUNTY AREA: F10

Neighborhood

  • School District Name: Lauderdale County School District
  • Census Tract: 050100

Geography

  • Assessors Map Reference: 102
  • District: 15
  • Parcel: 049102 00102
  • Latitude: 35.7157
  • Longitude: -89.6277

    Address

  • Full Address: 2990 Junius Lee Rd
  • Address - House Number: 2990
  • Address - Street Name: Junius Lee
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Ripley
  • Carrier Code: R001
  • 4-Digit Zip Code: 5366
  • Zip Code: 38063

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $13,500
  • Tax Rate Code Area: 49A00

    Appraisal Valuation

  • Standard Deviation: 0.4997
  • Valuation Date: Mar 27, 2024
  • Final Value: 90,850
  • High Value: 136,249
  • Low Value: 45,450

    Market Valuation

  • Market Total Value: $23,700
  • Market Land Value: $9,800
  • Market Improvement Value: $13,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,925
  • Assessed Land Value: $2,450
  • Assessed Improvements Value: $3,475

    Sales

  • Current Sale Recording Date: Sep 13, 1996
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lauderdale

Stats & Trends

Median Asking:

$234,995

Sale Price/ft²

$113

Below Asking

0.02%

Average Days on Market

128

Average Home Size

2097 ft²

Average Home Age

68 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Sarah Harper Webb, Epique Realty
Last Updated: 21 days ago
Data Source: Realtracs, MLS# RTC3611805
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 2990 Junius Lee Road built and last sold?
The property at 2990 Junius Lee Road was built in 1993 and last sold on Jan 1, 1970 for $15,000.
How much is this home worth?
The estimated value of the home located at 2990 Junius Lee Road is $102,960.
What are some comparable homes to 2990 Junius Lee Road?
There are currently no comparable homes to 2990 Junius Lee Road.
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